How Much Did Progressive Communications Raise?
Funding & Key Investors

Progressive Communications has secured $324K in total capital, with its most recent financing round bringing in $174K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the telecommunications and IT services sector.

What is Progressive Communications?

Progressive Communications
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

Progressive Communications, LLC. is a Honolulu-based entity specializing in international cabling, advanced phone systems, comprehensive IT services, and robust surveillance security solutions. As a facility holding a Secret Clearance, the company prioritizes security and offers unique telecommunications capabilities, including thermal screening services. Their service portfolio is designed to cater to a diverse clientele, from local businesses to larger organizations requiring sophisticated communication and surveillance infrastructure. The company aims to deliver integrated technology solutions that bolster operational efficiency and enhance safety protocols.

How much funding has Progressive Communications raised?

Progressive Communications has raised a total of $324K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$174K

Debt (2020): $150K with participation from PPP

Debt (2021): $174K led by PPP

Key Investors in Progressive Communications

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Progressive Communications?

The company's large-scale late-stage funding context suggests a phase of significant scaling and market expansion. This strategic investment is likely to fuel advancements in their service offerings, potentially including further development of their IT services, surveillance systems, and specialized telecommunications solutions. Progressive Communications is positioned to leverage this capital to solidify its market position and pursue new opportunities, particularly within sectors demanding high levels of security and advanced technological integration.

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Frequently Asked Questions Regarding Progressive Communications Financial Insights

What are the most recent funding rounds that Progressive Communications has completed, and what were the funding rounds?
Progressive Communications has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Progressive Communications has raised to date?
Progressive Communications has raised a total of $324K in funding to date.
How many funding rounds has Progressive Communications completed?
Progressive Communications has completed 2 funding rounds.
How much funding did Progressive Communications raise in its most recent funding round?
Progressive Communications raised $174K in its most recent funding round.
Who are the lead investors in Progressive Communications's latest funding round?
The lead investor in Progressive Communications's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Progressive Communications's history?
The largest funding round in Progressive Communications's history was $174K.
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